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1259 S Longwood Avenue

Los Angeles, CA 90019
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Bed 18

Bed

Bath 17

Bath

SqFt7,690

Sqft(Lot)

1259 S Longwood Ave is a brand-new 2026 construction luxury 5-unit ideally located in prime Miracle Mile / Mid-Wilshire. Comprised of five spacious 3- and 4-bedroom residences totaling approximately 8,065 square feet, the property is already 60% leased at market rents, with three of five units occupied, providing immediate income while offering additional upside through the lease-up of the remaining residences. The property features three 4-bedroom and two 3-bedroom residences, with units ranging from approximately 1,186 to 1,966 square feet. Two oversized 4BD/4BA residences feature private rooftop decks, with projected rents reaching as high as $6,295 per month. At stabilization, the property is projected to generate approximately $316,500 in annual gross rental income and a strong 5 .98% pro forma cap rate. Each residence features modern, high-end finishes including sleek kitchens and bathrooms, kitchen islands, balconies, central HVAC, and in-unit washers and dryers. The property also offers 10 on-site parking spaces—two per unit—and separately metered utilities, helping keep landlord-paid expenses low. Located on a quiet residential street in the heart of Miracle Mile, residents are minutes from The Grove, LACMA, the Academy Museum, Beverly Center, Cedars-Sinai, Beverly Hills, Hollywood, and some of LA’s best dining, shopping, and entertainment. Offered at $4,195,000, or approximately $839,000 per unit and $520 per square foot, 1259 S Longwood offers buyers a rare combination of brand-new construction, immediate in-place income, strong projected returns, and oversized luxury residences in one of Central LA’s most desirable rental locations.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,195,000

AD Id : 91422428

MLS Id : BB26205085

Beds : 18

Lot Size : 7,690 Sq. Ft

Year Built : 2026

County : Los Angeles

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Feature Features

  • Interior Features

    Balcony, OpenFloorplan, RecessedLighting
    Appliances: Dishwasher, ElectricOven, ElectricRange, Freezer, Disposal, Microwave, Refrigerator, Dryer, Washer
    Laundry Features: Inside
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2026
    Building Area Total: 8065
    Pool Features: None
    Private Pool: No
    View: Neighborhood

  • Lot Information

    Main Square Feet: 7690 Lot Size Acres: 0.1765 Lot Size Source: Assessor Lot Size Square Feet: 7,690 Lot Description: Landscaped

  • Listing Price Information

    Listing Price: $4195000
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  • Tax Information

    Parcel Number: 5084024033 Tax Lot: 509

  • Parking Information

    Parking Total: 10

  • Location Information

    Direction: Located on Longwood Ave, North of Pico Blvd. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1044 S St Andrews Place, Los Angeles, CA, 90019 $1,490,000 5 3 2,133 6,257 Sq. Ft
1254 S Manhattan, Los Angeles, CA, 90019 $1,590,000 6 4 3,024 8,439 Sq. Ft
1138 S St Andrews Place, Los Angeles, CA, 90019 $1,300,000 4 2 1,830 6,185 Sq. Ft
932 S Gramercy Place, Los Angeles, CA, 90019 $1,680,000 10 10 4,800 7,502 Sq. Ft
941 S Gramercy Place, Los Angeles, CA, 90019 $2,695,000 12 12 7,360 6,870 Sq. Ft
1415 S Manhattan Place, Los Angeles, CA, 90019 $2,125,000 9 5 7,512 13,152 Sq. Ft
913 S Wilton Place, Los Angeles, CA, 90019 $1,990,000 5 4 -- 9,003 Sq. Ft
1021 S Gramercy Place, Los Angeles, CA, 90019 $1,195,000 5 5 3,518 9,003 Sq. Ft
939 S Wilton Place, Los Angeles, CA, 90019 $2,600,000 12 10 5,359 8,303 Sq. Ft
1057 S Gramercy Place, Los Angeles, CA, 90019 $1,850,000 5 3 3,601 8,251 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/10/2026 @ 04:21

MLS: BB26205085 LISTED BY: Cheyenne Womack, Myunits.com Inc. 844-698-6487 SOURCE: CRMLS

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